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Point spreads and money lines are the two most common types of Super Bowl bets. A point spread is a handicap that bookmakers assign to each game, aiming to level the playing field between the favorite and the underdog. When betting on the point spread, you're essentially wagering on whether the favorite will win by a certain margin or if the underdog will lose by less than the given spread. DraftKings Super Bowl Teams 2024 , Moneyline: Betting on which team will win straight up, with odds adjusted based on the strength of each side. Favorites have negative odds (e.g. -200) while underdogs have positive odds (e.g. +150).
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